Urban News

  • Increase font size
  • Default font size
  • Decrease font size

GHMC to crack down on top tax defaulters

Print PDF

The New Indian Express 03.03.2010

GHMC to crack down on top tax defaulters


HYDERABAD: With just a few days left for the current financial year to end, the Greater Hyderabad Municipal Corporation (GHMC) has decided to take stringent action against defaulters of property tax.

The GHMC will for the next four weeks target top defaulters who owe above Rs 5 lakh - there are over 500 in this list.

Through them, the GHMC is expecting to realise Rs 100 crore by this month-end.

Senior GHMC officials told Expresso that these property owners have become regular defaulters and there’s no way they would be spared this time.

Tax inspectors, revenue inspectors and valuation officers have been given specific, circlewise targets for the 18 circles.

The top 60 defaulters with over Rs 5 lakh arrears from each circle will be dealt with seriously. The GHMC has already issued four lakh notices under sections 266 and 268 of the HMC Act, including red notices under 269 to a few thousand defaulters asking them to pay the arrears failing which the GHMC would be forced to attach their properties.

“Our intention is not to harass the public.

If they clear the dues, it would help GHMC in taking up developmental activities for betterment of the city,” GHMC Additional Commissioner (Finance), N Satyanarayana said.

The GHMC has so far collected Rs 350 crore for 2009-10 and another Rs 290 crore, including dues from government properties, has to be collected by this monthend, he said. Of the 12 lakh properties in the GHMC limits, nearly four lakh are yet to be assessed for property tax. Even if 50 percent of them are brought into the tax net, the GHMC would get Rs 300 crore more annually.

Last Updated on Wednesday, 03 March 2010 11:25